Visa Fiscal First Quarter 2025 Financial Results
Visa (V) reported strong fiscal Q1 2025 financial results, with Q4 2024 showing GAAP net income of $5.3B ($2.65 per share) and non-GAAP net income of $5.4B ($2.71 per share). Net revenue reached $9.6B, increasing 12% both nominally and on a constant-dollar basis.
For the full fiscal year 2024, Visa achieved GAAP net income of $19.7B ($9.73 per share) and non-GAAP net income of $20.4B ($10.05 per share). Total net revenue was $35.9B, up 10%. The company processed 233.8B transactions, a 10% increase, while payments volume grew 8% and cross-border volume rose 15%.
The board increased the quarterly cash dividend by 13% to $0.590 per share. Share repurchases and dividends totaled $20.9B for the full year.
Visa (V) ha riportato risultati finanziari solidi per il primo trimestre fiscale del 2025, con il quarto trimestre del 2024 che mostra un reddito netto GAAP di 5,3 miliardi di dollari (2,65 dollari per azione) e un reddito netto non GAAP di 5,4 miliardi di dollari (2,71 dollari per azione). I ricavi netti hanno raggiunto 9,6 miliardi di dollari, con un aumento del 12% sia in termini nominali che su base costante.
Per l'intero anno fiscale 2024, Visa ha ottenuto un reddito netto GAAP di 19,7 miliardi di dollari (9,73 dollari per azione) e un reddito netto non GAAP di 20,4 miliardi di dollari (10,05 dollari per azione). Il totale dei ricavi netti è stato di 35,9 miliardi di dollari, in crescita del 10%. L'azienda ha elaborato 233,8 miliardi di transazioni, con un aumento del 10%, mentre il volume dei pagamenti è cresciuto dell'8% e il volume transfrontaliero è aumentato del 15%.
Il consiglio di amministrazione ha aumentato il dividendo in contante trimestrale del 13% a 0,590 dollari per azione. I riacquisti di azioni e i dividendi hanno totalizzato 20,9 miliardi di dollari per l'intero anno.
Visa (V) reportó resultados financieros sólidos para el primer trimestre fiscal de 2025, con el cuarto trimestre de 2024 mostrando un ingreso neto GAAP de 5,3 mil millones de dólares (2,65 dólares por acción) y un ingreso neto no GAAP de 5,4 mil millones de dólares (2,71 dólares por acción). Los ingresos netos alcanzaron 9,6 mil millones de dólares, aumentando un 12% tanto en términos nominales como a moneda constante.
Para todo el año fiscal 2024, Visa logró un ingreso neto GAAP de 19,7 mil millones de dólares (9,73 dólares por acción) y un ingreso neto no GAAP de 20,4 mil millones de dólares (10,05 dólares por acción). Los ingresos netos totales fueron de 35,9 mil millones de dólares, un aumento del 10%. La compañía procesó 233,8 mil millones de transacciones, un incremento del 10%, mientras que el volumen de pagos creció un 8% y el volumen transfronterizo aumentó un 15%.
La junta aumentó el dividendo en efectivo trimestral en un 13% a 0,590 dólares por acción. Las recompras de acciones y los dividendos totalizaron 20,9 mil millones de dólares durante todo el año.
비자 (V)는 2025 회계연도 1분기 강력한 재무 결과를 보고했으며, 2024 회계연도 4분기에는 GAAP 순이익 53억 달러 (주당 2.65달러) 및 비GAAP 순이익 54억 달러 (주당 2.71달러)가 나타났습니다. 순수익은 96억 달러에 도달했으며, 이는 명목상 및 상수 달러 기준으로 12% 증가한 수치입니다.
2024 회계연도의 전체 기간 동안 비자는 GAAP 순이익 197억 달러 (주당 9.73달러) 및 비GAAP 순이익 204억 달러 (주당 10.05달러)를 기록했습니다. 총 순수익은 359억 달러로, 10% 증가했습니다. 회사는 2,338억 건의 거래를 처리했으며, 이는 10% 증가한 수치이고, 결제량은 8% 성장했으며, 국경 간 거래량은 15% 증가했습니다.
이사회는 분기 배당금을 13% 증가시켜 주당 0.590달러로 책정했습니다. 주식 환매 및 배당금은 전체 연도에 대해 209억 달러를 기록했습니다.
Visa (V) a annoncé des résultats financiers solides pour le premier trimestre fiscal de 2025, le quatrième trimestre de 2024 montrant un bénéfice net GAAP de 5,3 milliards de dollars (2,65 dollars par action) et un bénéfice net non GAAP de 5,4 milliards de dollars (2,71 dollars par action). Le chiffre d'affaires net a atteint 9,6 milliards de dollars, en hausse de 12% tant en valeur nominale qu’à monnaie constante.
Pour l'ensemble de l'exercice fiscal 2024, Visa a réalisé un bénéfice net GAAP de 19,7 milliards de dollars (9,73 dollars par action) et un bénéfice net non GAAP de 20,4 milliards de dollars (10,05 dollars par action). Le chiffre d'affaires net total était de 35,9 milliards de dollars, soit une augmentation de 10%. L'entreprise a traité 233,8 milliards de transactions, soit une augmentation de 10%, tandis que le volume des paiements a augmenté de 8% et le volume transfrontalier a augmenté de 15%.
Le conseil d'administration a augmenté le dividende en espèces trimestriel de 13% à 0,590 dollars par action. Les rachats d'actions et les dividendes ont totalisé 20,9 milliards de dollars pour l'année entière.
Visa (V) hat starke finanzielle Ergebnisse für das erste Quartal des Geschäftsjahres 2025 veröffentlicht, wobei das vierte Quartal des Geschäftsjahres 2024 ein GAAP-Nettoeinkommen von 5,3 Milliarden Dollar (2,65 Dollar pro Aktie) und ein nicht-GAAP-Nettoeinkommen von 5,4 Milliarden Dollar (2,71 Dollar pro Aktie) aufwies. Der Nettoumsatz erreichte 9,6 Milliarden Dollar, was einer nominalen und konstanten Dollar-Basis von 12% entspricht.
Für das gesamte Geschäftsjahr 2024 erzielte Visa ein GAAP-Nettoeinkommen von 19,7 Milliarden Dollar (9,73 Dollar pro Aktie) und ein nicht-GAAP-Nettoeinkommen von 20,4 Milliarden Dollar (10,05 Dollar pro Aktie). Der Gesamtumsatz betrug 35,9 Milliarden Dollar und stieg um 10%. Das Unternehmen verarbeitete 233,8 Milliarden Transaktionen, was einem Anstieg von 10% entspricht, während das Zahlungsvolumen um 8% und das grenzüberschreitende Volumen um 15% wuchs.
Der Vorstand hat die vierteljährliche Bardividende um 13% auf 0,590 Dollar pro Aktie erhöht. Aktienrückkäufe und Dividenden summierten sich im gesamten Jahr auf 20,9 Milliarden Dollar.
- Net revenue increased 12% to $9.6B in Q4 2024
- GAAP net income grew 14% to $5.3B in Q4 2024
- Total processed transactions increased 10% to 61.5B
- Cross-border volume grew 13% in Q4 2024
- Board approved 13% dividend increase
- Significant shareholder returns with $20.9B in buybacks and dividends
- Equity investment losses of $46M in Q4 2024
- Higher operating expenses, up 7% in Q4 2024
- Payments volume growth moderated to 8% in Q4 2024
Insights
Visa's Q1 2025 results demonstrate exceptional financial execution and market leadership in digital payments. The 12% revenue growth to
Key performance metrics reveal important trends:
- The 8% increase in payments volume indicates sustained consumer spending despite economic uncertainties
- 13% growth in cross-border volume suggests robust international travel recovery and global commerce expansion
- 10% growth in processed transactions to 61.5B shows Visa's continued network effect and market penetration
Revenue diversification is noteworthy, with strong performance across all segments: service revenue (
The controlled increase in operating expenses (+7%) demonstrates effective cost management, resulting in margin expansion. The 13% dividend increase reflects strong free cash flow generation and commitment to shareholder returns, while maintaining ample liquidity with
Most notably, the 16.5% effective tax rate represents smart tax strategy across jurisdictions, contributing to bottom-line growth. The company's ability to maintain double-digit growth while operating at scale positions it favorably in the evolving digital payments landscape.
Visa will host a live audio webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss these financial results. The webcast and all related materials can also be accessed through Visa’s Investor Relations website at investor.visa.com.
Visa Reports Fiscal Fourth Quarter and Full-Year 2024 Results
San Francisco, CA, October 29, 2024 – Visa (NYSE: V)
Fiscal Fourth Quarter Results:
- GAAP net income of
$5.3B or$2.65 per share and non-GAAP net income of$5.4B or$2.71 per share - Net revenue of
$9.6B , an increase of12% on a nominal and constant-dollar basis
Fiscal Full-Year Results:
- GAAP net income of
$19.7B or$9.73 per share and non-GAAP net income of$20.4B or$10.05 per share - Net revenue of
$35.9B , an increase of10% on a nominal and constant-dollar basis
Other Highlights:
- Fiscal fourth quarter growth in payments volume, cross-border volume and processed transactions remained relatively stable
- Share repurchases and dividends of
$6.8B and$20.9B for fiscal fourth quarter and full-year, respectively - The board of directors increased Visa's quarterly cash dividend
13% to$0.59 0 per share
Fiscal Fourth Quarter 2024 — Financial Highlights
GAAP net income in the fiscal fourth quarter was
GAAP earnings per share growth was approximately
Net revenue in the fiscal fourth quarter was
- Payments volume
- Cross-border volume
- Processed transactions
Net revenue increased
- Payments volume for the three months ended June 30, 2024, increased
7% over the prior year on a constant-dollar basis. - Payments volume for the three months ended September 30, 2024, increased
8% over the prior year on a constant-dollar basis. - Cross-border volume excluding transactions within Europe increased
13% on a constant-dollar basis. - Total cross-border volume increased
13% in the quarter. - Total processed transactions were 61.5 billion, a
10% increase over the prior year.
Revenue Breakdown:
- Service revenue:
$4.2 billion (+8% ) - Data processing revenue:
$4.6 billion (+8% ) - International transaction revenue:
$3.5 billion (+9% ) - Other revenue:
$969 million (+30% ) - Client incentives:
$3.6 billion (+6% )
Operating Expenses:
- GAAP operating expenses were
$3.3 billion (+7% ), driven by marketing and personnel expenses, partially offset by litigation provision decreases. - GAAP non-operating income was
$23 million , including$46 million of net equity investment losses. - Non-GAAP non-operating income was
$69 million .
GAAP and non-GAAP effective income tax rate was
Cash, cash equivalents and investment securities were
Full-Year Fiscal 2024 Financial Highlights
GAAP net income for fiscal full-year 2024 was
$434 million for a litigation provision related to the MDL case and other legal matters$118 million related to the release of indirect tax reserve$67 million related to donation of investment securities to Visa Foundation$57 million for lease consolidation costs$94 million of net losses from equity investments$282 million from the amortization of acquired intangible assets and acquisition-related costs
Excluding these items, non-GAAP net income for the year was
GAAP earnings per share growth was approximately
Net revenue for fiscal full-year 2024 was
- Payments volume (+
8% ) - Cross-border volume excluding Europe (+
15% ) - Total cross-border volume (+
15% ) - Total processed transactions: 233.8 billion (+
10% )
Revenue Breakdown:
- Service revenue:
$16.1 billion (+9% ) - Data processing revenue:
$17.7 billion (+11% ) - International transaction revenue:
$12.7 billion (+9% ) - Other revenue:
$3.2 billion (+29% ) - Client incentives:
$13.8 billion (+12% )
Operating Expenses:
- GAAP operating expenses were
$12.3 billion (+6% ), driven by personnel, administrative, and marketing expenses. - GAAP non-operating income was
$321 million , including$94 million of net equity investment losses. - Non-GAAP non-operating income was
$415 million .
GAAP effective income tax rate was
The weighted-average number of diluted shares of class A common stock outstanding was 2.03 billion for fiscal year ended September 30, 2024.
About Visa
Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250130883800/en/
Investor Relations: Jennifer Como, 650-432-7644, InvestorRelations@visa.com
Media Relations: Fletcher Cook, 650-432-2990, Press@visa.com
Source: Visa Inc.
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